Question 8 of 17 < > View Policies Current Attempt in Progress The following credit sales are budgeted by Sunland Electronics: January $123300 February 119900 March 135200 April 140200 May 142500 -/1.75 III The company's past experience indicates that 45% of the accounts receivable are collected in the month of sale, 35% in the month following the sale, and 18% in the second month following the sale. 2 percent are uncollectible. How much does the company anticipate as cash receipts for March? $124999 $135560 $132496 O $121786 Save for Later Attempts: 0 of 1 used Submit Answer